Investindustrial to Light Up with Flos

September 23, 2014

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Investindustrial has agreed to make a majority investment in Flos, an Italian lighting company founded in 1962. Expected to close in 4Q 2014, the deal reportedly values business at €400 million ($514 million) and involves an 80% stake. Flos is a designer and producer of a wide range of lighting products and lamps, including ground lights, lighting systems and linear-shaped lights for residential and commercial customers. Investindustrial’s backing will go toward product development and global expansion.